Decode Thoughts with Mind-Reading Technology

What are you thinking? Normally, our thoughts are private. But could it be possible that technology has advanced sufficiently to read our minds? In this article, we will explore the kinds of mind-reading technologies that already exist.

Many attempts have been made to read a person’s mind using technology and this started earlier than you realize. For example, ATR Computational Neuroscience Laboratories in Japan has conducted studies on mind-reading since 2008. The team of researchers used electroencephalography (EEG) to analyze an individual’s pattern of brain waves associated with dreams and created a database of patterns associated with visual objects. This enabled them to predict the content of dreams with an accuracy of 75–80%. ATR then developed a brain scanning technology that, together with brain wave analysis, could predict and decode the visual imagery in a person’s brain.

The Institute for Research in Psychiatry and Neurosciences in India is using fNIRS (functional Near-Infrared Spectroscopy), technology that utilizes light in the near-infrared range to determine the brain activity of schizophrenia patients. The aim is to diagnose the underlying causes of symptoms and determine appropriate treatment.

Many futurists have discussed the threat to privacy from mind-reading technologies. If we can accurately interpret what ‘s going on people’s minds we can use this to win legal battles or to understand complex psychological processes. Mind-reading technology is potentially an invasion of privacy but we need to keep informed as there will be advancements in this field in the future.

Our Partnership

Invoice-trading marketplace for businesses to raise fast working capital.

Headquarter: ThailandAbout the company: SMEs who trade with large organisations often suffer from long payment terms and late payment. InvoiceInterchange is a P2P invoice-trading marketplace that allows SMEs to raise immediate funds against outstanding invoices by selling them to investors. This unique approach gives businesses control and flexibility to manage their cash flows on their own terms. At the same time, accredited investors (high net worth individuals, asset managers, family offices) have the opportunity to invest in a new asset class i.e. trade receivables that are secured, liquid and with high risk-adjusted returns.

First Circle is the first digital SME lender in SE Asia serving underbanked SMEs with the finance they need to grow.

Headquarter: PhilippinesAbout the company: With a team led by former associates of Morgan Stanley, McKinsey, Ci Labs, and the team who led the EM roll-out of the CompareAsiaGroup, First Circle provides productive credit to SMEs in developing markets. It partners with eCommerce platforms, payment service providers, trade bodies, and online originators to reach and serve business owners at scale. The process takes 1-3 days to complete with SME’s submitting traditional and alternative data in support of their application. In addition, First Circle uses technology to drive process automation including KYC and underwriting.

Everex is the first microfinance platform on the Ethereum blockchain that is based on stable-coin (fiat pegged and backed).

Headquarter: ThailandAbout the company: Everex is a financial inclusion blockchain remittance company using the Ethereum blockchain to create “cryptocash” assets, which are pegged to units of fiat currency and tethered to the P2P network. With a vast number of underbanked global citizens, Everex performs cross-border transactions by collecting and analyzing a user’s financial and personal data as a basis for blockchain-based credit scoring and lending offerings. By implementing this solution, Everex furthers financial inclusion and access to capital in developing markets.

Bento powers banks and wealth managers with institutional portfolio construction tools, including strategic and tactical asset
allocation which benefits their end clients by utilizing technology at a low price point.

Headquarter: SingaporeAbout the company: Bento is a human-led robo-advisor (Bionic) that brings a fundamentally-led institutional asset allocation model for individual investors at a very low price point using technology. It aids human advisors to impart unconflicted and customizable investment advice.

Covr Security has developed a mobile security platform that combines user-centric management of both mobile security and digital personal data with advanced authentication and end-to-end encrypted communication security protocols.

Headquarter: SwedenAbout the company: Covr Security provides a unique app-based mobile security and management solution – it is a platform that offers user-centric management of personal data and mobile security. Covr’s solution addresses the security threats hindering trust in mobile environments as well as the issues affecting mobile end-user engagement. Through a secure connection between the end-user’s device and any digital solution, Covr ensures the correct individual gains access to data, funds, or a physical space. As a result, this creates a password-free environment for all users.

FundRadars is helping everyone to invest with an all-in-one simple mutual fund analytics and e-investing platform.

Headquarter: ThailandAbout the company: SiamSquared Technologies (Thailand) Co., Ltd. is a Bangkok based investment technology firm. It launched StockRadars, an application principally designed to simplify investment for everyone which has now surpassed 500,000 users to-date. It extended its range of service to the mutual fund market which eases the decision-making of fund investment for all.

Canopy is a “make sense of your data” company – It is a powerful aggregation, visualization, analytics, and reporting tool to help wealth management professionals and high net worth individuals make superior decisions.

Headquarter: SingaporeAbout the company: Canopy is a powerful account aggregation, visualization, analytics, and reporting platform to help financial institutions, wealth management professionals, and high net worth individuals make superior decisions. By aggregating all the data from different sources in one place, the visualization and analytics are available on a web-based interface for desktop and mobile and available in Email, Excel or PDF reports. With to-the-cent accuracy, Canopy provides wealth management experts with a professional tool for client servicing and enables individuals to make accurate and reliable decisions.

Bambu is an Asia-wide B2B Robo-Advisory firm offering financial and non-financial firms the ability to integrate and benefit
from the shift in digital wealth.

Headquarter: SingaporeAbout the company: Bambu is a B2B Robo-Advisory software firm offering financial institutions and consumer brands the ability to integrate and benefit from the ongoing digital transformation in wealth management. It is looking to market its services Asia-wide, capitalizing on its traction to tap the growing robo-advisory market.

Headquarter: USAAbout the company: CryptoMove Tholos is the world’s first and only key and secrets management product that protects API keys, tokens, certificates, and other application secrets with decentralized moving target defense. Moving target defense technology is a security paradigm shift and identified as a priority by global banks, MIT, NIST. CryptoMove launched after years of stealth R&D and is globally patented.

Headquarter: SingaporeAbout the company: EYWAMEDIA is a multi-award winning futuristic cross screen customer engagement and experience venture that enables brands to engage their most potential-loyal customers based on offline-online data across screens (TV, Radio, Cinema, App, Web, Social, Print, Billboards, Stores) to make the best match between products and preferences of customers!

Headquarter: SingaporeAbout the company: Jumper.ai is an AI powered platform enabling brands to capitalize on social media posts to create engaging customer experiences and also turn it into a point of sale, in an instant. No websites to build, no apps to download. Jumper.ai auto responds to buying signals and trigger events on social media to create immediate rapport, context, engagement and sales pipeline with more prospects.

Pand.ai is the leading conversational AI specialist for financial institutions in Asia.

Headquarter: SingaporeAbout the company: Pand.ai is an artificial intelligence startup that specialises in deep natural language processing. We develop the underlying algorithm that powers “smart chatbot”​, i.e. the ones that understand the semantics of an entire sentence and retains contextual memory, thus making conversations more “human-like”​. We are currently serving Global Fortune 500 companies across Asia.

Headquarter: ThailandAbout the company: Pymlo develops a simple back-end accounting platform for SMEs and startups to manage business operations and accounting for a fraction of the time and price. We seek to bring Asian SME’s accounting to the modern world, showing them the ease of digitizing accounting and the benefit to connecting to the wide financial world.

Headquarter: India
About the company: Vymo improves productivity metrics such as conversion percentage, turnaround time, and sales activities per opportunity and has a revenue impact of 3-10%. With Vymo, salespeople can focus on high-ROI activities so that their time is not spent reporting data.